Why are you receiving this VAT accounting for outstanding receivables?

Modified on Tue, 27 Jan at 2:03 PM

We carried out a receivables valuation of our portfolio in the 2nd quarter of 2024 and have since assessed these receivables as irrecoverable.


As you have used/still using our factoring solution from Payolution GmbH (part of the Unzer Group); and in the event of the end customer's insolvency, our General Terms and Conditions provide for repayment of the VAT portion (in accordance with §5 para. 3).


The tax regulations prohibit a premature determination of irrecoverability. 

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